Question

Gopal sold 10 mangoes at the cp of 12 mangoes. what is profit or loss percent

Answer 1

10 SP = 12 CP
1 SP = 1.2 CP
Since SP is greater than CP , so Gopal has profit of Profit = SP - CP = 1.2CP - 1CP = 0.2CP
so profit℅ = profit/CP *100℅ = 0.2CP/1CP * 100℅ = 20℅
So Gopal has sold mangoes at a profit of 20℅.